Clearwater Seafoods Inc. (CLR.TO)

Had a great move, so he is not interested in it now. Full Kudos to management for what they have done to turn this company around.

Consumer staple companies tend to do well in the summer months and this is no different. Chart is tremendously positive but he wouldn’t be surprised to see a little bit of a pull back. We are outside the seasonal period of strength. He would wait for a pullback to get in from a technical basis. It has gone parabolic and needs to relax a little bit and come back and show that it has support underneath it.

(Market Call Minute.) Doing brilliantly.

Clearwater Seafoods (CLR-T) or High Liner Foods (HLF-T)? Both have done quite well. Feels the trend is your friend on these stocks. Revenues are climbing and the margins are strong. Hard to buy a stock that has gone up like these but they are going to go higher. If you don’t own, wait for an opportunity to buy.

Thinks both this and High Liner (HLF-T) are both Buys but he prefers High Liner. This one has had a correction, but he thinks it goes higher.

Dominates the shellfish space. Value added sales to Japan where new management has tremendous expertise in the Far East. Thinks it’s capable of acquisitions.

Thinks there is more to go. Has a fleet of ships off the East Coast and is now the absolute dominant company. Has bought all of the fish quotas, which is remarkable.